MPC Container Ships ASA
MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 140,894 twenty-foot equivalent units. MPC Container Ships ASA w… Read more
MPC Container Ships ASA (MPZZF) - Net Assets
Latest net assets as of June 2025: $879.22 Million USD
Based on the latest financial reports, MPC Container Ships ASA (MPZZF) has net assets worth $879.22 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.45 Billion) and total liabilities ($571.65 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $879.22 Million |
| % of Total Assets | 60.6% |
| Annual Growth Rate | 13.33% |
| 5-Year Change | 113.46% |
| 10-Year Change | N/A |
| Growth Volatility | 32.76 |
MPC Container Ships ASA - Net Assets Trend (2017–2024)
This chart illustrates how MPC Container Ships ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MPC Container Ships ASA (2017–2024)
The table below shows the annual net assets of MPC Container Ships ASA from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $817.62 Million | +8.51% |
| 2023-12-31 | $753.48 Million | +4.44% |
| 2022-12-31 | $721.45 Million | -0.84% |
| 2021-12-31 | $727.59 Million | +89.95% |
| 2020-12-31 | $383.03 Million | -6.68% |
| 2019-12-31 | $410.46 Million | -10.60% |
| 2018-12-31 | $459.15 Million | +34.84% |
| 2017-12-31 | $340.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MPC Container Ships ASA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 76513600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $762.60 Million | 93.79% |
| Common Stock | $48.59 Million | 5.98% |
| Other Comprehensive Income | $-259.32K | -0.03% |
| Other Components | $2.16 Million | 0.27% |
| Total Equity | $813.10 Million | 100.00% |
MPC Container Ships ASA Competitors by Market Cap
The table below lists competitors of MPC Container Ships ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JDM Jingda Mach(Ningbo)Co Ltd
SHG:603088
|
$465.87 Million |
|
First Tractor Company Limited
PINK:FIRRF
|
$465.88 Million |
|
Dark Horse Beijing Technology Co Ltd
SHE:300688
|
$465.91 Million |
|
Distoken Acquisition Corporation Right
NASDAQ:DISTR
|
$466.59 Million |
|
Zhuhai RaySharp Technology Co.Ltd
SHE:301042
|
$465.78 Million |
|
Kraken Robotics Inc
OTCQB:KRKNF
|
$465.63 Million |
|
EQV Ventures Acquisition Corp. II
NYSE:EVAC
|
$465.51 Million |
|
Meitec Corporation
MU:MJ1
|
$465.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MPC Container Ships ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 749,646,000 to 813,096,000, a change of 63,450,000 (8.5%).
- Net income of 266,683,000 contributed positively to equity growth.
- Dividend payments of 204,359,000 reduced retained earnings.
- Other comprehensive income increased equity by 581,177.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $266.68 Million | +32.8% |
| Dividends Paid | $204.36 Million | -25.13% |
| Other Comprehensive Income | $581.18K | +0.07% |
| Other Changes | $544.82K | +0.07% |
| Total Change | $- | 8.46% |
Book Value vs Market Value Analysis
This analysis compares MPC Container Ships ASA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.20x to 0.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $6.35 | $1.26 | x |
| 2018-12-31 | $2.95 | $1.26 | x |
| 2019-12-31 | $2.60 | $1.26 | x |
| 2020-12-31 | $1.60 | $1.26 | x |
| 2021-12-31 | $1.73 | $1.26 | x |
| 2022-12-31 | $1.62 | $1.26 | x |
| 2023-12-31 | $1.69 | $1.26 | x |
| 2024-12-31 | $1.83 | $1.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MPC Container Ships ASA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 32.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.34%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.51x
- Recent ROE (32.80%) is above the historical average (16.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -0.79% | -12.34% | 0.05x | 1.34x | $-36.25 Million |
| 2018 | -0.35% | -0.87% | 0.26x | 1.59x | $-47.05 Million |
| 2019 | -9.71% | -21.54% | 0.26x | 1.76x | $-80.58 Million |
| 2020 | -16.90% | -37.30% | 0.25x | 1.78x | $-102.60 Million |
| 2021 | 26.11% | 46.33% | 0.40x | 1.42x | $117.06 Million |
| 2022 | 60.49% | 65.04% | 0.70x | 1.33x | $362.94 Million |
| 2023 | 43.35% | 45.69% | 0.74x | 1.27x | $250.00 Million |
| 2024 | 32.80% | 49.34% | 0.44x | 1.51x | $185.37 Million |
Industry Comparison
This section compares MPC Container Ships ASA's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $6,996,338,635
- Average return on equity (ROE) among peers: 158.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MPC Container Ships ASA (MPZZF) | $879.22 Million | -0.79% | 0.65x | $465.83 Million |
| Algoma Central Corporation (AGMJF) | $726.02 Million | 16.52% | 0.88x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $32.09 Billion | -6.04% | 0.90x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $33.38 Billion | 9.46% | 0.70x | $12.49 Billion |
| Ardmore Shpng (ASC) | $634.34 Million | 6.47% | 0.24x | $516.76 Million |
| American Shipping Company ASA (ASCJF) | $114.51 Million | 1340.53% | 0.68x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $72.78 Million | 63.23% | 4.43x | $9.84 |
| Braemar Shipping Services Plc (BSEAF) | $64.82 Million | 15.12% | 0.70x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.94 Billion | 17.27% | 0.71x | $1.17 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $933.40 Million | 4.05% | 0.57x | $172.78 Million |